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IRS audit rate for high earners falls: Here's what to know
CNBC Television· 2026-04-15 17:15
All income groups have seen their chances of getting audited decline in recent years, but the highest earners have seen the largest declines. So back in 2010, if you made more than $10 million a year, you had a 1 in5 chance of being audited. In 2022, that's the latest year available, your chances were only 1 in 20.Those making between$1 and $2 million had only a 1% chance of being audited in 2022. That's down from 7%. The big reason, staff and budget cuts at the IRS.The IRS workforce is down from a peak of ...